The secret diagonal forgotten in time? BTC TO ERUPT SOON!

Now that I've gotten your attention with a ridiculous clickbait title - I think it's still too early to write king corn off. Yes, there's a good case that it's a descending triangle, and yes it looks very similar to our December bottom inverted, but I think there's also good reason to believe it's simply a continuation pennant type pattern. I'm watching this ascending trendline that price had quite a bit of interaction with in the past. There is a major convergence of trendlines soon and with the major moving average we are sitting on top of currently (21 W EMA/ 50 3 day), and with the similarity in price action of early 2016 I think a lot of people could be left behind. The intermediate trend is clearly down but we are still in a primary uptrend. Pump it.